If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.

Crayford... plenty of 'interesting' things go on there. As ACG will confirm too!

I don't know what are the 'interesting' things at Crayford (fixed?), but what I learned since trading the greyhound markets is that any dog can win the race no matter the odds. I saw 100/1 dog that won, last year at the derby, I think the winner had 40/1 odds. Yesterday I saw another dog with 50/1 odds that won, so anything it's possible

Yesterday was ok, unfortunately in the last greyhound race of the day I got caught with 10 euro in play on 2 dogs ( 5 and 5), one of them almost won the race, lost at the line. But no regrets, it was a positive day.

Day 33 - Again in the last race of the day I'm staying too much in the market with dogs going in the traps and I lose 8 e being caught. 2 consecutive days losing in the last race of the day - 18 e in total.

After the 8 euro loss I went chasing on football, backed 2.5 unders in one game and after 5 minutes a goal was scored..... I was lucky that they didn't scored again in the first half and I hedged. In the start of the second half 2 consecutive goals where scored San Martin S.J. 0-4 Independiente :| I thought in Argentina they don't score a lot of goals... I choosed the wrong game... I lost like this in the past

Also in the morning session I mess it up in one trade that went in play with 45 e liability... I layed a dog at 17/1 odds and after that all the money disappeared under my lay and I was looking at a big loss. I should have hedged, I gambled in play...not good...it could have been a losing day!

It was an profitable day but I need to correct the same old mistakes and bad habits! I need to read some of my old posts where I lost leting trades in play to remember that any dog can win no matter the odds!

Lessons - never lay dogs above 12/1 odds, never go in play, accept any loss and hedge before the start, get out before the race start, don't chase losses, don't bet unders on football after a loss.

Losing day - It was the worst trading day on dogs since starting the challenge. In the morning session I was caught in play with 30 e on the back side on 2 dogs and none of the won. - so 30 loss. After that nothing worked, maybe I should have take it a break for the day. In the evening session, I had only bad trades, overtrading, overstaking and in one race I straight layed a 32/1 dog and the dog won the race from start to finish and remembered me that any dog no matter the odds can win - another 30 euro loss. It was an gambling day, full of mistakes....

In the next couple of days, I need to get my confidence back, focus more on trading the right way, make fewer mistakes, and focus less on checking all the time the profit&loss page.

Be careful at the race starting time, Protect the bank, money management and discipline will be my focus.

-------------------------------

Stats Day 35

Greyhounds - 58 markets -> -41.53 e

Basketball - 7 markets -> +7.81 e

Horses - 10 market -> +17.65 e

Total - -16.07 e

--------------------------------------------------------------

Day 36

Challenge Starting Bank February 1st - 35,70 euro

Reminder - key to success - protect the bank, money management, patient and discipline. never go in play, only pre-race, never let trades in play, never chase losses

Challenge Failed. Last 3 days where a disaster because of my bad idea to chase losses and lay big odds on horses in play!

Stats Day 36 - March 8th - Gambling day - all day I had only bad trades on dogs, I didn't closed my trades and lost in play 24 euro and because of that I went on horses and started to lay big odds in play. The result was a disaster!

Stats day 37 - March 9 - Profitable day, but again a gambling day, I hade some trades that went in play because I didn't hedged a small loss. I won 40 e in one race, and lost in another 40 euro..... This is not trading!

Day 38 - March 10. This morning after a bad trade on basketball where I was losing 6 euro, I decided again to lay big odds on aussie horses, and what happend? In the FIRST race that I layed 20/1 odd that horse WON! 37 e loss because I couldn't accept the 6 euro loss on basketabll. After that I increased my loss to 14 euro on that basketball game adding to an losing trade.. And gain I layed big odds on horses and lost another 30 e. In five races I lost two time on 20/1 odds!

Keep your head up! you still have a good result!.. Greyhound markets have been crazy for the past couple of days!.. Be carefull! Sometimes after losing big it is very easy to get angry fast the next day!

Keep your head up! you still have a good result!.. Greyhound markets have been crazy for the past couple of days!.. Be carefull! Sometimes after losing big it is very easy to get angry fast the next day!

I noticed that also on dogs in the last days. Big money comes in the market random on every dog and creates chaos. It has no logic. I don't know who does that, a crazy gambler or someone who wins big money and wants to lose to reduce the premium charge. There is no way you could be profitable with that style. I should have take it a break in the last days but I gambled with laying in play on dogs and horses and chasing losses. And the results speaks for itself.

I could have continued the challenge with 72 e bank. It's enough to trade for me, but after the last few days, I wanted a fresh start. Anyway I made 747 e profit from an 35 e bank, so it's good for me and it proves me that with discipline and maybe with some luck you can be succesful.

I hope I will be able to finish my 3rd challenge. Previous 2 where profitable but I didn't finished them because of lack of discipline and not accepting losses and chasing losses, so this time I want to be more disciplined and respect 100% the rules

Take care also Ironmexx with the dogs markets. The markets should calm down (I hope)in the next days

Day 2 - Losing day, started very bad on dogs, got caught in the first race of the day and lost 14 euro and later I had a bad trade (adding money to losing position) and lost another 28 e. I chased next 2 races ands recovered 10 euro from that loss but after that I stopped because I knew it will end bad. I traded some UK races in play, only today, it had huge liquidity, nobody was trading the dogs markets haha.

Again in the evening session, big money was flying into the market before the off, especially on the outsiders, I don't know who does that and why..... maybe to reduce the premium charge, who knows.... I tried to be more careful because of that, it creates a lot of confusion into the market.

Challenge update. Last days were with ups and downs and little progress. At one moment two days ago, I had only 82 euro in my account because of my bad habit of not accepting losses. I need to have more discipline. I want to finish the challenge.

------------------------------------------

Day 3 - March 15

+30 e withdrawal

Greyhounds - 51 markets -> +5.58 e

Horses - 21 markets -> -3.15 e

Total - +3.15 e

--------------------------------------------------------

Day 4 - March 16

Gambling day - lost 39 e letting a losing trade in play and after that another 23 euro chasing losses

Stats Day 10 - March 21 - Horrible day. I had nothing to do and I backed the favorite in one race to win, didn't won, in next race I wanted to recover the 5 euro loss and layed the 6 dog in an handicap race, and dog won at the finish line - 20 euro loss and in the next race I layed the outsider and it won - another 55 euro loss :| In 3 consecutive races I lost 75 euro with gambling and chasing losses....

Greyhounds - 61 markets -> -60.17 e

Horses - 12 markets -> +1.65 e

Basketball - 1 market -> -2.34 e

Total - -60.86 e

--------------------------------

Stats Day 11 - March 22 - Lucky day! No more gambling today, but in one race I got caught with 18 euro on the ladder on the back side and the dog WON the race - I was lucky this time - I won 75 e and recovered the loss from yesterday. I had money on the ladder and it was matched at starting price when the market was suspended.